Q2 2005 Earnings

Reported December 31, 2004

Quarter Comparison

Revenue

Operating Income

Gross Margin

Net Margin

EPS (Diluted)

Metric	Q2 2005	Q1 2005	Q2 2004	QoQ Change	YoY Change
Revenue	$251M	—	—	—	—
Op. Income	-$28M	—	—	—	—
Gross Margin	7.9%	—	—	—	—
Net Margin	-13.4%	—	—	—	—
EPS (Diluted)	$-0.10	—	—	—	—

Income Statement

Item	Amount
REVENUE	$251M
Cost of Revenue	$231M
GROSS PROFIT	$20M
R&D Expenses	$0
Selling & Marketing	$0
General & Administrative	$0
SG&A Expenses	$9M
Other Expenses	$0
Operating Expenses	$35M
Cost & Expenses	$266M
OPERATING INCOME	-$28M
Interest Income	$0
Interest Expense	$0
Other Income/Expenses	-$14M
INCOME BEFORE TAX	-$42M
Income Tax Expense	-$8M
Net Income from Continuing Ops	-$34M
Net Income from Discontinued Ops	$0
Other Adjustments	$0
NET INCOME	-$34M
Net Income Deductions	$0
BOTTOM LINE NET INCOME	-$34M
D&A	$26M
EBIT	-$15M
EBITDA	$11M
EPS	-$0
EPS Diluted	-$0